| XBI latest price $117.8600 (-2.08%) ($117.4500 - $121.0600) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 65 |
Latest Price | $117.8600(-2.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.5% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(75%) ARKG(71%) ARKK(69%) IWO(63%) SKYY(63%) |
Factors Impacting XBI price | XBI will decline at least -1.045% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-16%) TBT(-8%) XLC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.045% (StdDev 2.09%) |
Hourly BBV | -1.4 () |
Intraday Trend | -2.6% |
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